Tag Archives: Bitcoin

Ethereum On The Move: Dormant ETH Wallets Linked To $4 Billion Scam Awaken

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On Wednesday, online reports unveiled that hundreds of Ethereum wallets that had been dormant for over 3 years were moving large amounts of ETH. The wallets were believed to have moved $2 billion worth of ETH linked to a $4 billion crypto scam. Investors worried that another massive dump would affect the market’s recovery. However,… Continue reading Ethereum On The Move: Dormant ETH Wallets Linked To $4 Billion Scam Awaken→

Hidden Bitcoin Agenda? CryptoQuant CEO Weighs In On Ongoing Rise In BTC Accumulation

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Over the past few days, Bitcoin (BTC) has seen a significant surge in whale accumulation. Ali highlighted that the “number of BTC addresses holding 100+ BTC increased from 15,913 to 16,006 during the recent correction. While this trend is noteworthy because it suggests whales bought the dip, Ki Young Ju, the CEO of CryptoQuant, an on-chain… Continue reading Hidden Bitcoin Agenda? CryptoQuant CEO Weighs In On Ongoing Rise In BTC Accumulation→

Bitcoin Price Eyes Additional Upsides: Will The Recovery Persist?

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Bitcoin price is consolidating near the $57,500 zone. BTC could gain bullish momentum if it clears the $58,000 resistance zone in the near term. Bitcoin started a recovery wave above the $55,500 and $56,500 levels. The price is trading above $57,000 and the 100 hourly Simple moving average. There was a break above a key… Continue reading Bitcoin Price Eyes Additional Upsides: Will The Recovery Persist?→

MicroStrategy’s Michael Saylor Reveals Bitcoin Holdings Top $1 Billion

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In a bold display of faith in the future of the largest cryptocurrency on the market, Bitcoin (BTC), MicroStrategy co-founder and executive chairman Michael Saylor has disclosed that he owns around $1 billion. Saylor’s Bitcoin Vision Unshaken In a recent interview with Bloomberg Television, Saylor disclosed that he has been steadily accumulating Bitcoin over the… Continue reading MicroStrategy’s Michael Saylor Reveals Bitcoin Holdings Top $1 Billion→

Bitcoin Funding Rates Turn Negative: Shorts’ Turn To Get Squeezed?

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Data shows the Bitcoin funding rates on exchanges have turned negative, a sign that the shorts have now become the dominant force in the market. Bitcoin Funding Rates Have Turned Negative After Market Crash As pointed out by an analyst in a CryptoQuant Quicktake funding rate” refers to a metric that keeps track of the… Continue reading Bitcoin Funding Rates Turn Negative: Shorts’ Turn To Get Squeezed?→

Analyst Says Bitcoin Bottom Is Not In, Will Price Crash Below $50,000 Again?

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Crypto analyst Altcoin Sherpa recently suggested that the Bitcoin bottom isn’t yet in and that the flagship crypto could still drop to new lows. Meanwhile, other crypto analysts like Mikybull Cypto have made a case for why the bottom is in and suggested that it is unlikely that Bitcoin will drop below $50,000 again.  Bitcoin… Continue reading Analyst Says Bitcoin Bottom Is Not In, Will Price Crash Below $50,000 Again?→

Arthur Hayes Reveals How To Trade Crypto Amid The ‘Dollar-Yen Death March’

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In his latest essay “Spirited Away,” Arthur Hayes, the former CEO of BitMEX, dives into the complexities of the global financial markets, with a focus on the impending unwinding of the dollar-yen carry trade and its impact on the crypto market. Hayes begins by discussing the potential actions of the US Vice President Kamala Harris… Continue reading Arthur Hayes Reveals How To Trade Crypto Amid The ‘Dollar-Yen Death March’→

Bitcoin Bull Run Still Intact? Here’s What On-Chain Data Says

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After Monday’s market crash, concerns about the stability of Bitcoin’s bull run have emerged. Yet, Ki Young Ju, founder and CEO of CryptoQuant, a leading blockchain analytics firm, maintains a positive outlook. He suggests that, despite the recent crash, on-chain data continues to support the notion that the bull market for Bitcoin remains intact. Bitcoin… Continue reading Bitcoin Bull Run Still Intact? Here’s What On-Chain Data Says→

$0 Flows: BlackRock Unshaken Despite Recent Bitcoin Market Crash, Data Shows

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Bitcoin and the broader crypto market faced a notable price plunge on Monday, with the global crypto market cap losing $100 billion in valuation and total liquidations surpassing $1 billion. Interestingly, despite this so-called ‘Red Monday,’ Eric Balchunas, a Bloomberg Senior exchange-traded fund (ETF) analyst, revealed in a post uploaded earlier today that investors of… Continue reading $0 Flows: BlackRock Unshaken Despite Recent Bitcoin Market Crash, Data Shows→

Solana (SOL) Bounces 30% Amid Market Recovery, Analysts Remain Bullish

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Solana (SOL) is leading the crypto market recovery following the massive Monday crash. SOL registered some of the largest gains after reclaiming the $140 support zone on Tuesday morning. Its strength was highlighted by several market watchers, who shared their bullish predictions for the token. However, an analyst warned investors of a key level to… Continue reading Solana (SOL) Bounces 30% Amid Market Recovery, Analysts Remain Bullish→